Freshtrop Fruits Buyback 2021
Freshtrop Fruits Ltd. has been a leading and consistent supplier of grapes and pomegranates from India to supermarkets in Europe for more than a decade.
Steadfast focus on quality and a systematic and thorough approach to food safety and traceability have been the directing forces for Freshtrop’s operations. The Company’s continuous efforts towards building and expanding relationships with growers have enabled it to become a dependable supplier of fresh produce.
Seeking to harness the existing backward linkages and with a view to bring the same high standards of quality and food safety to the processed domain, Freshtrop established a state-of-the-art juice processing plant at Nasik, Maharashtra, about 180 km from Mumbai in 2009.
Buy Back Offer Deal:
|Buyback Type:||Open Market|
|Buyback Offer Amount:||₹ 6.75 Crores|
|Date of Board Meeting approving the proposal:||Jan 28 2021|
|Date of Public Announcement:||Jan 28 2021|
|Buyback Offer Size:||9.73%|
|Price Type:||Open Market|
|Buyback Price:||₹ 90 Per Equity Share|
Details of Buyback:
Salient financial parameters:
|Profit before tax||12||13||14||13||18||6|
|EPS in Rs||6.25||6.63||7.35||6.83||11.31||4.15|
|Dividend Payout %||16%||15%||0%||0%||0%||0%|